Registration number: 06367961

Fit Creative Ltd

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 8

Fit Creative Ltd

Company Information

Directors

Kara Penn Jonathan Cook

Registered office

77 Elliscombe Road Charlton London SE7 7PD

Accountants

Field Sullivan Limited 9 Hare & Billet Road Blackheath SE3 0RB

Fit Creative Ltd

(Registration number: 06367961)
Balance Sheet as at 30 September 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	5	158	308
Current assets
Debtors	6	5,952	21,189
Other financial assets		88,934	81,779
Cash at bank and in hand		131,010	116,401
		225,896	219,369
Creditors: Amounts falling due within one year	7	(13,999)	(14,939)
Net current assets		211,897	204,430
Total assets less current liabilities		212,055	204,738
Provisions for liabilities		(4,948)	-
Net assets		207,107	204,738
Capital and reserves
Called up share capital	9	4	4
Retained earnings		207,103	204,734
Shareholders' funds		207,107	204,738

For the financial year ending 30 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 12 November 2025 and signed on its behalf by:
 

......................................... Kara Penn Director

Fit Creative Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
77 Elliscombe Road
Charlton
London
SE7 7PD

These financial statements were authorised for issue by the Board on 12 November 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and the service is delivered. When the service delivered straddles the accounting period end, the income is apportioned on a pro rata basis.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Fit Creative Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Computer Equipment	3 year straight line
Furniture and fixtures	15% straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Fit Creative Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2024 - 2).

4

Taxation

Tax charged/(credited) in the income statement

	2025 £	2024 £
Current taxation
UK corporation tax	308	1,769
Deferred taxation
Arising from origination and reversal of timing differences	4,947	-
Tax expense in the income statement	5,255	1,769

Fit Creative Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

5	Tangible assets

	Furniture, fittings and equipment  £	Total £
Cost or valuation
At 1 October 2024	9,743	9,743
At 30 September 2025	9,743	9,743
Depreciation
At 1 October 2024	9,435	9,435
Charge for the year	150	150
At 30 September 2025	9,585	9,585
Carrying amount
At 30 September 2025	158	158
At 30 September 2024	308	308

6

Debtors

Current	2025 £	2024 £
Trade debtors	5,952	21,084
Other debtors	-	105
	5,952	21,189

7

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Taxation and social security	5,553	11,184
Accruals and deferred income	1,095	1,050
Other creditors	7,351	2,705
	13,999	14,939

Fit Creative Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

8	Deferred tax and other provisions

	Deferred tax £	Total £
Additional provisions	4,948	4,948
At 30 September 2025	4,948	4,948

9	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary shares of £1 each	2	2	2	2
Ordinary B shares of £1 each	1	1	1	1
Ordinary A shares of £1 each	1	1	1	1
	4	4	4	4

10

Dividends

Interim dividends paid

		2025 £		2024 £
Interim dividend of £Nil per each Ordinary shares		-		-
Interim dividend of £500.00 (2024 - £4,500.00) per each Ordinary A shares		500		4,500
Interim dividend of £500.00 (2024 - £4,500.00) per each Ordinary B shares		500		4,500
		1,000		9,000

Fit Creative Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

11	Related party transactions

Directors' remuneration

The directors' remuneration for the year was as follows:

	2025 £	2024 £
Remuneration	30,000	30,000
Contributions paid to money purchase schemes	50,424	80,526
	80,424	110,526